Different views of MNC
During the last 20 years, scholars have debated about the impact of economic...
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...pose and intent of business are to make a profit and increase shareholder value. Scherer, Palazzo, and Matten (2014) asserted that governments have a conflict of interest in developing policies that compel MNCs to improve lives in host communities as governmental priority is attracting foreign investors. When businesses are can operate in a highly profitable environment with limited regulations, the country becomes an attractive investment destination (Scherer et al., 2014). Since the interest of governments may conflict with those of the global corporations, governments and businesses may be perpetuating low quality of life in host communities (Dahan & Raelin, 2015; Kolk, 2015; Wettstein, 2009). Consequently, the solution offered by various researchers entails an integrated approach with defined roles for governments and businesses (Kolk, 2015; Wettstein, 2009).
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